BRIEF DESCRIPTION OF THE ORGANISATION
Munich Re is one of the world's leading providers of reinsurance, primary insurance and insurance-related risk solutions. The Group consists of the reinsurance and ERGO business segments, as well as the asset manager MEAG. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. It offers customers financial protection when faced with exceptional levels of damage - from the 1906 San Francisco earthquake to the 2019 Pacific typhoon season. Munich Re possesses outstanding innovative strength, which enables it to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyber attacks or pandemics. The Group is playing a key role in driving forward the digital transformation of the insurance industry, and in doing so has further expanded its ability to assess risks and the range of services that it offers. Its tailor-made solutions and close proximity to its customers make Munich Re one of the world's most sought-after risk partners for businesses, institutions, and private individuals.
HOW THE ORGANISATION WILL CONTRIBUTE TO THE DISSEMINATION AND EXPLOITATION OF THE PROJECT RESULTS
The department Green Tech Solutions deals with the greater need for adequate insurance coverage to stabilize the business performance trend in a sustainable way, or to implement long-term plans occurring from a greener energy supply. Besides this it shows ways for green investments.
This part of the company will cooperate within the GrenFin-project and offers to give some seminars about themes like Renewable energies and energy system transformation from the perspective of the insurance industry, Insurability of technological risks, Influences of climate change on risk management, etc. This allows the students of the pilote class to get an insight into green risks from the point of view of a reinsurer.